08-09: Mixed-use, CVS Pharmacy, Rite Aid Pharmacy, Auto Center, Golden Corral, Apartments, Office Buildings

Daily Best Commercial Properties

Mixed-Use in Youngstown, OH: 67,290 SF office/retail center on 7.62 ac lot in a middle-class area. Main tenants include: Panera Bread, Chipotle Mexican Grill, Verizon Wireless, GameStop, The UPS Store, Raymond Chiropractic, Humility of Mary Rehab, HMHP Family Practice, Drs, Haggerty & Quick, OBGYN Practice and Buckeye Eye Care. 95% leased. NOI $726K/yr. $9.075M. 8% cap. CVS in Baltimore, MD: 8450 SF drug store built in 1995 on .59 ac corner lot.  Tenant recently exercised 1st 5-yr option. 100% NNN lease with 4 yrs left. NOI $107K/yr.  Price reduced from $1.346M to $1.231M. 8.75% cap. Rite Aid in Garden City, MI: 11,100 SF attractive Rite Aid Pharmacy built in 2000 on 1.28 ac lot along busy artery in Detroit suburbs. 100% NNN- lease with 4 yrs left. NOI $248K/yr. $2.763M. 9% cap. Shopping Center in New Orleans, LA: 31,913 SF well maintained shopping center on over 2 ac lot anchored by Planet Fitness. On an off/on ramp of I-10. 100% leased to regional and local tenants. NOI $312K/yr. $4M. 7.80% cap. Auto Center in Apopka, FL: 7425 SF well kept auto center along major artery in growing middle-class Orlando suburbs. 100% leased to multiple tenants. NOI $96K/yr. $1.2M. 8% cap. Golden Corral in Greenwood, IN: 10,388 SF franchised buffet restaurant constructed in 2001 in growing & high income Indianapolis suburbs. Shadow anchored by Meijer Grocery. 100% absolute NNN lease with 12-yrs left to strong franchisee with 13 units. NOI $187K/yr with 10% rent increases every 5-yrs. Price reduced from $2.677M to $2.532M. 7.40% cap.  Shopping Center in Phoenix, AZ: 88,070 SF well maintained shopping center on 8.86 ac lot at a hard corner location anchored by Savers, a thrift store chain offering secondhand clothing, footwear, furniture, books and household items with more than 315 locations. 92% leased. Actual NOI $757K/yr. $10.67M. 7.10% cap. Retail Center in Gilbert, AZ: 16,850 SF attractive retail center on 2.25 ac lot in growing and high income Phoenix suburbs with an AHI of $98K/yr. Shadow anchored by Albertson's Grocery. 77% NNN leased. Actual NOI $227K/yr. $3.2M. 7.10% actual cap. Upside potential when fully leased. Office Building in Grandville, MI: 18,800 SF Class-A multitenant office building on 2.66 ac lot in growing Grand Rapids suburbs. Close to RiverTown Crossings Mall and I-196. 100% NNN leased. NOI $270K/yr. $3M. 9% cap. Apartments in San Diego, CA: 22-units multifamily complex on .39 ac lot in densely populated (over 600,000 residents in a 5 mile ring) and middle-class area. Property is comprised of three studio units, 14 one-bedroom/one-bath units, and five two-bedroom/two-bath units. NOI $202K/yr. $3.35M. 6.04% cap.

About The Properties Transmercial is the only company in the US that offers this list of best properties between $950K to $30M in 50 states.  These properties are selected from 300-400 daily listings from many commercial real estate companies, and various other sources.   Each property has a brief description and a flyer.  Please click here for selection criteria.  Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number.  Transmercial will guide you thru the whole acquisition process if needed.  It will track all the issues via the "Due Diligence Summary" report until they are all resolved prior to closing. Below are the most commonly used acronyms: AHI: Avg. Household Income.  National average is about $55+K/yr. NOI: Net Operating Income.  It's the income after all expenses (prop taxes, ins., maintenance) paid. NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses. NNN-: Triple net lease with landlord responsible for roof and structure.  Used by Transmercial only.